The ReadSoft Newsroom 2012
May 8, 2012
ReadSoft showcases financial processing best practices at SAPPHIRE NOW/ASUG Annual Conference
ReadSoft, a leading global provider of SAP document process automation solutions, today announced it will steer multiple educational sessions at the SAPPHIRE NOW/ASUG Annual Conference on May 14-16, 2012 at the Orange County Convention Center in Orlando, FL. Conference attendees interested in streamlining essential purchase to pay and order to cash processes inside SAP are encouraged to attend ReadSoft’s informative sessions and visit the ReadSoft booth (#1715).
May 4, 2012
ReadSoft & featured Leading Analyst educate the market on electronic data & workflows’ role in critical business processes
ReadSoft, a global document automation provider, shares research-based perspectives on electronic data and workflow in an on-demand video program featuring Gartner, the world’s leading information technology research and advisory company. The program provides business leaders with best practice approaches for deployment strategies, expectations for return on investment and product features necessary to achieve such organizational benefits as improved visibility, cash management, regulatory compliance and supplier relationships.
May 2, 2012
ReadSoft to share Accounts Payable & document automation expertise at Fusion 2012
ReadSoft, a leading global provider of document process automation, today announced it will exhibit at Fusion 2012, the annual conference presented by The Institute of Financial Operations, at the Gaylord Opryland Resort and Convention Center in Nashville, TN, May 13-17, 2012. Conference attendees interested in streamlining business processes such as, accounts payable processing, document capture and document sorting are encouraged to attend ReadSoft’s educational sessions and visit the ReadSoft booth (#1109) for live product demonstrations and one-on-one consultations.
April 26, 2012
Interim Report January – March 2012
April 13, 2012
North American services company automates invoice processing through agreement worth over 500,000 USD
One of the oldest and most respected services companies in the United States specializing in natural resource management will streamline its end-to-end accounts payable process with ReadSoft’s SAP®-certified invoice automation solution. The agreement is worth over 500,000 USD and was signed during the first quarter of 2012.
April 10, 2012
ReadSoft presents proven AP automation processing strategies at COLLABORATE 12
ReadSoft, a global document process automation provider, today announced it will host a robust schedule of educational sessions at the COLLABORATE 12 Conference on April 22-26, 2012 at The Mandalay Bay Convention Center in Las Vegas. Conference attendees interested in streamlining invoice processing inside Oracle E-Business Suite are encouraged to attend ReadSoft’s educational sessions and visit the ReadSoft booth (#1233).
March 29, 2012
North American Fortune 500 Company expands invoice automation solution with ReadSoft worth 341,000 USD A Fortune 500 food company based in North America has chosen to expand its use of ReadSoft’s invoice automation software to its division in Mexico.
March 27, 2012
Invitation to Annual General Meeting in ReadSoft AB (publ)
The shareholders in ReadSoft AB (publ) are hereby invited to the Annual General Meeting on April 26, 2012 at 3 p.m. (CET) at Hotel Marina Plaza, Kungstorget 6, Helsingborg, Sweden.
March 19, 2012
ReadSoft Showcases Document Automation Solutions at Microsoft Convergence 2012
ReadSoft, a global document process automation provider with over 6,000 customers, will demonstrate how best-in-class companies are streamlining financial processes to better utilize their Microsoft applications at Microsoft’s Convergence 2012 Conference in Houston, Texas, March 18-21, 2012.
February 27, 2012
ReadSoft’s acquisition of foxray AG finalized
ReadSoft, the world leader in Document Process Automation solutions, has today completed the previously announced acquisition of foxray AG, a leading developer of Business Process Automation platforms and solutions.
February 16, 2012
Year-End Report 2011
February 15, 2012
ReadSoft strengthens its position in the Capture and Business Process Automation market through the acquisition of foxray
ReadSoft, the world leader in Document Process Automation solutions, today announced the acquisition of privately held foxray AG, a leading developer of Business Process Automation platforms and solutions. foxray employs 40 people and their main market is Europe. The revenues for 2011 was approximately 7 MEUR and with a positive EBIT-result.
February 17, 2012
ReadSoft Showcases Financial Process Automation Solutions at Financials 2012
ReadSoft a global document process automation provider with over 1,000 SAP Financial Departments in production today, will demonstrate how best-in-class companies are streamlining financial processes, including supplier invoices, receivables, financial postings and master data with its SAP®-certified solution applications at SAPinsider’s Financials 2012 conference in Las Vegas, Nevada, March 13-16, 2012.
February 10, 2012
Invitation to telephone conference / audiocast for the presentation of ReadSoft's Year-end Report for 2011
ReadSoft's Year-end Report for 2011 will be published on Thursday, February 16, 2012, at 08:00 CET.
January 31, 2012
ReadSoft & PreferredPartner deliver comprehensive analytic tools for survey automation to IBM SPSS customers
ReadSoft, a leading provider of document process automation solutions, announced today that its market-leading FORMS solution is being jointly marketed and delivered to IBM SPSS customers in conjunction with PreferredPartner, an IBM Premier Business Partner specializing in IBM software solutions and IT services.
January 11, 2012
North American public utility company automates invoice processing through agreement with ReadSoft worth 320,000 USD
The U.S. based organization has selected ReadSoft’s SAP®-certified invoice automation solution to streamline its accounts payable operations and enable greater processing efficiencies across the enterprise. The order is worth 320,000 USD and was signed during the fourth quarter of 2011.
January 11, 2012
North American food & beverage company automates invoice processing through agreement with ReadSoft worth 620,000 USD
The U.S. based world-leading organization has selected ReadSoft’s SAP-certified invoice automation solution to harness greater control, visibility and speed over its invoice process. The order is worth 620,000 USD and was signed during the fourth quarter of 2011.
January 10, 2012
North American pharmaceutical company automates invoice processing through agreement with ReadSoft worth 340,000 USD
The North American based organization will streamline its end-to-end accounts payable process with ReadSoft’s SAP®-certified invoice automation solution. The agreement is worth 340,000 USD and was signed during the fourth quarter of 2011.
January 5, 2012
ReadSoft signs a deal worth 500,000 USD with a direct sales & cosmetics conglomerate from South America
The South American direct sales and cosmetics giant has a continent-wide presence, and has chosen ReadSoft’s invoice automation solution to improve its invoice processing efficiency as it looks to expand. The agreement is worth 500,000 USD and was signed during the fourth quarter of 2011.
January 5, 2012
ReadSoft extends back office automation for global telecommunications company via new agreement worth 310,000 EUR
ReadSoft, a global leading document process automation company, has signed an expansion agreement worth 310,000 EUR to expand document and invoice automation for a UK based global telecommunications provider. The agreement was signed during the fourth quarter of 2011.
2011 Press Releases
December 22, 2011
ReadSoft signs Swiss Radio and Television Corporation as new customer in 260,000 EUR deal
The Swiss Radio and Television Corporation (SRG SSR), the largest provider of electronic media in Switzerland, has chosen ReadSoft’s invoice automation solution. The agreement is worth 260,000 EUR and was signed during the fourth quarter of 2011.
December 15, 2011
ReadSoft announces 2012 user conference: ReadSoft Processes Power
ReadSoft’s tenth annual user and reseller conference will be held in New Orleans June 6-8, 2011 at the InterContinental Hotel.
December 14, 2011
ReadSoft & ACOM partner to deliver comprehensive document automation solutions to the Sage ERP market in North America ReadSoft, a leading provider of document process automation solutions, announced today that its market-leading DOCUMENTS solution is being jointly marketed and delivered to Sage ERP customers, on the North American market, in conjunction with ACOM Solutions Inc., a gold level Sage Development Partner specializing in document process automation.
December 5, 2011
Global consumer products company automates sales order process through agreement with ReadSoft worth over 460,000 USD The organization has selected ReadSoft’s next generation solution, PROCESS DIRECTOR, to automate its sales order process inside SAP and allow for faster, less expensive processing and improved control. The agreement is worth over 460,000 USD and was signed during the fourth quarter of 2011.
November 23, 2011
Global manufacturing company automates invoice processing through agreement with ReadSoft worth over 440,000 USD
A worldwide electronics manufacturing services provider selected ReadSoft’s SAP®-certified invoice automation solution to streamline its accounts payable operations and enable greater processing efficiencies across the enterprise. The agreement is worth over 440,000 USD and was signed during the fourth quarter of 2011.
November 14, 2011
Per Åkerberg assumes his position as President and CEO of ReadSoft AB
Today, November 14, 2011, Per Åkerberg assumes his position as President and CEO of ReadSoft AB. Earlier this year ReadSoft announced in a press release that Per Åkerberg would take up his new position no later than January 2012. Now that Per Åkerberg no longer has any commitments to his former employer Enea, his start date has been moved forward.
October 21, 2011
ReadSoft’s SAP®-Certified accounts payable solutions available for IBM Customers globally
ReadSoft, a leading provider of global document process automation solutions, announced today that its market-leading accounts payable solutions for SAP are being jointly marketed and delivered to IBM customers in conjunction with PreferredPartner, an IBM Premier Business Partner specializing in IBM software solutions and IT services.
October 3, 2011
ReadSoft introduces PROCESSIT Auditor for Oracle E-Business Suite at Oracle OpenWorld
ReadSoft launched the expansion of its AP Automation solutions for Oracle E-Business Suite at Oracle OpenWorld in San Francisco, CA today with the release of PROCESSIT Auditor. As an application monitoring invoice lifecycle activity, Auditor is an investigative tool designed to provide insight into possible fraud & non-standardized processes throughout the life of an invoice.
September 30, 2011
Global manufacturing company invests 385,000 USD in ReadSoft’s solutions for invoice automation
The North American-based organization has selected ReadSoft’s SAP®-certified invoice automation solution to automate its invoice process to achieve greater cost savings and efficiency gains. The agreement is worth 385,000 USD and was signed during the third quarter 2011.
September 29, 2011
Experience the ReadSoft Effect at Oracle OpenWorld 2011
ReadSoft, a global document process automation provider, will demonstrate how companies can experience the ReadSoft Effect with fast, cost-efficient document processing through its Oracle-certified solutions at Oracle OpenWorld 2011. Conference attendees can view the latest applications from ReadSoft’s Oracle Solutions Lab in the ReadSoft booth (#1727) in San Francisco, California – October 2nd through October 6th, 2011.
September 21, 2011
ReadSoft signs order worth 555,000 EUR to improve Accounts Payable within a leading UK food manufacturer’s Oracle E-business Suite
ReadSoft, a leading global provider of software for document process automation, has signed an agreement worth 555,000 EUR to improve efficiency in the Accounts Payable (AP) function, running on Oracle E-Business Suite, within one of the UK’s leading food manufacturers. The agreement was signed during the third quarter of 2011.
September 14, 2011
ReadSoft signs agreement with global aerospace leader for invoice automation worth over
420,000 USD
The North American-based organization has selected ReadSoft’s SAP®-certified invoice automation solution to streamline its accounts payable operations and enable greater processing efficiencies across the enterprise. The agreement is worth over 420,000 USD and was signed during the third quarter of 2011.
August 4, 2011
Aberdeen Group finds best-in-class companies clear payments 80% faster than all others
ReadSoft sponsors Aberdeen Group research report, "The Order-to-Cash Cycle: Enhancing Performance with Process Automation" which examines how organizations can efficiently convert accounts receivable to cash, while minimizing bad debt expense.
July 19, 2011
Interim Report January – June 2011
July 14, 2011
Per Åkerberg appointed new President and CEO of ReadSoft
ReadSoft's Board of Directors has after a thorough recruitment process, appointed Per Åkerberg the new President and CEO of ReadSoft. He currently holds the equivalent position at the listed company Enea AB. Per Åkerberg will take up his new position no later than in January 2012. Jan Andersson will remain President and CEO until Per Åkerberg is installed.
July 13, 2011
Invitation to telephone conference / audiocast for the presentation of ReadSoft's Interim Report January-June 2011
ReadSoft's second quarter results for 2011 will be published on Tuesday, July 19, 2011, at 08:00 CET.
July 12, 2011
ReadSoft to deliver world class finance function to global energy market provider in 470,000 EUR deal
ReadSoft, a leading global provider of software solutions for document process automation, has partnered with a global System Integrator to deliver a World Class finance function to an international energy market player. ReadSoft is responsible for driving document automation efficiencies in the finance function within the customer’s Supplies & Sources group. The agreement is worth 470,000 EUR and was signed in the UK during the second quarter in 2011.
July 11, 2011
Multinational German technology group expands their use of ReadSoft’s software through new agreement worth 415,000 EUR
A large technology group based in Germany has decided to expand their use of ReadSoft’s solution for invoice automation in SAP. The existing customer is also adding additional business processes to be handled by ReadSoft’s PROCESS DIRECTOR at their Shared Services Center in Germany. The agreement is worth 415,000 EUR and was signed during the second quarter in 2011.
July 8, 2011
ReadSoft signs 440,000 USD agreement with North American aerospace company
One of the world’s largest private aerospace companies has chosen ReadSoft to automate its invoice processing. The deal is worth 440,000 USD and was signed during the second quarter of 2011.
July 7, 2011
ReadSoft signs 312,000 USD invoice automation deal with top fund manager
A leading global investment fund management company that manages billions of dollars worth of clients’ funds has chosen to automate its invoice processing with ReadSoft. The invoice automation deal is worth 312,000 USD and was signed during the second quarter of 2011.
July 6, 2011
Chemical production giant chooses ReadSoft in 377,000 USD deal
A world-class producer of vinyl products, industrial chemicals and plastics, and performance products has chosen ReadSoft to automate its invoice processing. The deal is worth 377,000 USD and was signed in North America during the second quarter of 2011.
July 4, 2011
ReadSoft signs invoice automation agreement worth 850,000 USD with Australian state government ReadSoft continues to work with New South Wales government shared services providers to improve their process requirements. The agreement valued at 850,000 USD initially covers the processing of hundreds of thousands of invoices annually. The agreement was signed during the second quarter of 2011.
June 30, 2011
ReadSoft feeds efficiencies and cost savings into the food manufacturing industry in Australia
ReadSoft is working closely with companies in the food manufacturing industry adding value by automating invoice processing for increased efficiencies. A number of large SAP invoice automation projects in Australia have been added to the ReadSoft portfolio with a combined order value in excess of 1.0 MUSD. The agreements were signed during the second quarter of 2011.
June 29, 2011
ReadSoft enters into global partnership with OB10 through new partner agreement
ReadSoft, a leading global provider of software solutions for document process automation and OB10, the world’s leading e-Invoicing network, today announced a new global partnership. Working together, ReadSoft and OB10 have developed a comprehensive, end-to-end business process solution that will integrate seamlessly with SAP, Oracle and other leading financial and ERP systems using the ReadSoft INVOICE COCKPIT Suite as a universal invoice hub to control all invoice processing irrespective of document format. The solution will drive lower costs and greater automation across the P2P process and help customers move to more advanced and efficient business processes.
June 28, 2011
Leading Brazilian realty group invests 640,000 USD in ReadSoft’s solutions for invoice automation
One of the leading realty groups in South America with its base in Brazil has selected ReadSoft’s SAP-certified invoice processing solution to process hundreds of thousands of documents per year. The customer will implement the solution at four companies belonging to their Group in order to accelerate the processing of paper and electronic invoices inside SAP. The agreement is worth 640,000 USD and was signed during the second quarter of 2011.
June 21, 2011
ReadSoft North America honors NMS Imaging & Astra with Partner Awards at 2011 user conference
ReadSoft North America welcomed its extensive partner community to New Orleans on May 25-27 to celebrate the achievements of its Channel Partner Program and build a unified vision of future success and collaboration. NMS Imaging, a full-service integration company specializing in information delivery systems, was honored with ReadSoft’s “Partner of the Year” award, and Astra, a premier information technology consultancy, was recognized with ReadSoft’s “Rising Star” award for their unparalleled success with ReadSoft.
June 14, 2011
ReadSoft’s 2011 North American user conference sets new attendance record
ReadSoft’s ninth annual North American conference, ReadSoft Processes Your Vision, drew a record number of attendees to New Orleans, La from May 25-27th. ReadSoft customers, partners and personnel convened to collaborate & leverage collective expertise on best practices for achieving their next level of success with ReadSoft solutions.
April 11, 2011
ReadSoft introduces PROCESSIT Supplier Workbench for Oracle E-Business Suite at COLLABORATE 11
ReadSoft announced the expansion of its AP Automation solutions for Oracle E-Business Suite at COLLABORATE 11 in Orlando, FL today with the release of the ReadSoft PROCESSIT Supplier Workbench. As a self-service portal hosted by the buying organization, this application optimizes buyer-supplier interactions by allowing both parties to collaborate via an online portal, resulting in streamlined communications and reduced errors and cycle times.
March 31, 2011
ReadSoft and Medius Expand Global Partnership to North America
Medius Software, a company specializing in accounts payable automation and purchase-to-pay software solutions has teamed up with ReadSoft North America, a leading provider of global document process automation solutions, to provide a best-in-class solution offering to the North American SMB market.
February 21, 2011
ReadSoft announces 2011 user conference: ReadSoft Processes Your Vision
ReadSoft’s ninth annual user and reseller conference will be held in New Orleans May 25-27, 2011 at the InterContinental Hotel.
2010 Press Releases
December 30, 2010
ReadSoft signs invoice automation agreement worth 380,000 USD with global chemical company
A leading company specializing in the manufacture and sale of chemicals, plastics and fibers has chosen ReadSoft’s SAP-certified invoice automation solution to process paper and electronic invoices throughout its global accounts payable operations. In addition to processing invoices, the organization will leverage ReadSoft’s solution to route purchase cards, P-Cards, inside SAP. The deal was signed during the fourth quarter of 2010.
December 30, 2010
Global manufacturing company invests 375,000 USD in ReadSoft’s solution for invoice automation
A company specializing in identification solutions and specialty products has selected ReadSoft’s SAP-certified invoice automation solution to streamline its accounts payable process worldwide. The company will implement the solution in three phases to accelerate its processing of paper and electronic invoices inside SAP. The deal was signed during the fourth quarter of 2010.
December 29, 2010
ReadSoft signs professional services agreement worth 308,000 USD with global consumer goods company
A world-renowned cereal and convenience-food manufacturer will utilize ReadSoft Professional Services to optimize its invoice automation suite for its global SAP upgrade.
December 29, 2010
Global chemical company invests over 300,000 USD in ReadSoft’s software for automatic invoice processing
The U.S. based organization has selected ReadSoft’s SAP-certified invoice automation solution to streamline its accounts payable operations. The agreement is worth over 300,000 USD.
September 20, 2010
ReadSoft’s Oracle Footprint Expands as Top Executive Opens U.S. Solutions Lab
ReadSoft expands its Oracle Solutions Lab to Raleigh, NC, renewing its efforts to serve the growing Oracle market in North America. Thirty-year industry veteran, Rowland Archer will provide executive oversight of the lab, utilizing his unparalleled experience to lead the Oracle development team in providing innovative solutions and support to ReadSoft North America and subsidiaries worldwide.
September 2, 2010
ReadSoft’s PROCESSIT 4.2 Achieves Oracle Validated Integration with Oracle E-Business Suite Release 12.1
ReadSoft, a global provider of software solutions for business document automation, today announced it has achieved Oracle Validated Integration of PROCESSIT 4.2 with the Oracle E-Business Suite Release 12.1 through the Oracle PartnerNetwork (OPN) program. As an Oracle PartnerNetwork Platinum Partner, ReadSoft has maintained a strong commitment to Oracle, and to its customers, by providing essential business document automation, and integration with the Oracle E-Business Suite Release 12.1 to streamline manual and time-consuming processes to greatly improve operating efficiencies.
August 31, 2010
ReadSoft introduces a single software platform for automating business processes in SAP® ReadSoft, provider of the world’s leading invoice automation solution and software for document process automation, introduces the general availability of PROCESS DIRECTOR; a single platform for handling multiple business processes in SAP®. PROCESS DIRECTOR is a certified SAP® Add-On and sets a new standard for the handling of processes within SAP. The software will help users become more cost efficient, improve their business flow and control, and shorten total processing time.
July 28, 2010
ReadSoft North America Invests in Channel Growth with DataBank IMX Partnership
ReadSoft North America, a leading global document process automation provider, increases its national presence as it welcomes DataBank IMX, a premier document management company, to its growing partner network.
July 13, 2010
ReadSoft signs agreement worth 350,000 USD with global apparel company
A world-leading apparel industry pioneer has selected ReadSoft’s SAP®-certified invoice automation solution for its North American shared service center.
June 30, 2010
ReadSoft North America signs partnership agreement with All Star Software Systems
All Star Software Systems, a systems integrator specializing in business process automation (BPA), has teamed up with ReadSoft North America, a leading provider of global document process automation solutions, to deliver best-of-breed capture solutions to the New England region.
June 23, 2010
ReadSoft’s 2010 North American user conference concludes with record attendance
ReadSoft Captures the Journey draws a record of 170 attendees from companies like TransMontaigne, Energizer, Agrium and W. R. Grace.
June 10, 2010
ReadSoft North America Invests in Future Growth with Enhanced Marketing and Partner Management
ReadSoft North America fortifies its management team with expert document and data capture industry professionals as it names Tim Dubes Vice President of Marketing and Bob Monio Director of Channels and Alliances.
June 3, 2010
ReadSoft wins SAP SAPPHIRE Award
ReadSoft has been recognized with the ERP Executive Best of SAPPHIRE NOW Award at the SAPPHIRE NOW event in Orlando, USA. ReadSoft was recognized for excellence in the category “Best Green Initiatives.”
May 17, 2010
ReadSoft North America and Taulia Demonstrate Dynamic Discounting Payables Solution at Sapphire 2010
SAP users can generate substantial savings with intelligent accounts payable scheduling
May 14, 2010
ReadSoft Extends SAP Payables Automation at ASUG/SAPPHIRE
Certified SAP partner unveils content management, dynamic discounting, e-Mail capture and SharePoint integration capabilities for invoice automation platform.
March 30, 2010
ReadSoft relays for cancer research with the American Cancer Society
ReadSoft teamed up with the American Cancer Society on Saturday, March 27th, 2010 as a sponsor of Metairie’s Relay for Life, an overnight event that unites community members against cancer. Together with friends, families, businesses, schools and churches, ReadSoft gathered at St. Martin’s Episcopal School in Metairie, LA to honor cancer survivors, pay tribute to those who have lost to the disease and raise money for the fight against cancer.
March 11, 2010
ReadSoft signs its First Oracle eBiz On-Demand customer with Dinero Solutions
ReadSoft's Oracle-certified invoice processing solution is live at Convergent Resources, establishing one of America’s five largest revenue cycle, receivables and customer care management companies, in Atlanta, GA as the first Oracle eBiz On-Demand hosted customer in the United States to implement ReadSoft’s AP automation solution.
March 2, 2010
ReadSoft teams with Ariba to help Companies Maximize ERP Investments
Leading Document Process Automation provider leverages Ariba Network to deliver comprehensive transaction processing solution.
February 18, 2010
ReadSoft's solution worth $400,000 USD will automate accounts payable processes in several countries
A world-leading technology company selected ReadSoft's SAP-certified invoice automation solution valued at $400,000 USD to initially process tens of thousands of paper and electronic invoices in several countries. ReadSoft, with a long track record of such global implementations within SAP environments, has been chosen because of its leading market position.
February 9, 2010
ReadSoft and KnowledgeLake, Inc. Partner to Deliver World-Class Automated Invoice Processing and Document Classification to SharePoint ECM Market
ReadSoft and KnowledgeLake, Inc. Partner to Deliver World-Class Automated Invoice Processing and Document Classification to SharePoint ECM Market KnowledgeLake Inc., the market leader in developing document imaging and capture products for Microsoft SharePoint based Enterprise Content Management (ECM) solutions, has teamed up with ReadSoft North America, a leading provider of global document process automation solutions, to help customers achieve their full potential by combining world-class technologies.
January 26, 2010
ReadSoft North America Expands Sales Force to Support Customer and Partner Growth
ReadSoft North America, the largest subsidiary of 16 wholly-owned subsidiaries in the ReadSoft global community, announces the expansion of its sales team for the 2010 fiscal year under the direction of Steve Bennion, Director of Enterprise Resource Planning (ERP) Sales, and Michelle Hodges, Director of Channel Sales.
January 1, 2010
ReadSoft launches Show Biz – a reward program for references
To nurture and reward customers for sharing their experiences using ReadSoft solutions, ReadSoft is now launching Show Biz – a program whereby customers can earn rewards as they demonstrate their business and instrumental support.